
CBN Finally Speaks On Alleged Allocations Of $1.3 Billion For Fuel Import
CBN Finally Speaks On Alleged Allocations Of $1.3 Billion For Fuel Import The Central Bank of Nigeria (CBN) has refuted the report that it allocated $1.269 billion foreign exchange for the importation of petroleum products in the first quarter of the year. It said in a statement on Tuesday that the report was misleading and inaccurate. “The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for the importation of refined petroleum products and related items. Such reporting is entirely inaccurate and misleading,” the statement said. The…









